China Resources Enterprise, Limited Company Summary |
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China Resources Enterprise, Limited (CRE) is a property investment and investment holding company. The Company, through its subsidiaries, is principally engaged in retail, beverage, food processing and distribution, textile and property investment businesses. The Company's retail division mainly comprises three business segments: supermarket and logistics; brand-fashion distribution in the Chinese Mainland, and other retail stores operation. As of December 2008, the Company operated a total of over 2,600 stores in the Chinese Mainland and Hong Kong, of which approximately 54.8% were self-operated and the rest were franchised stores. Major store formats are hypermarket, superstore, supermarket and convenience store, mainly operated under the brands of vanguard, CHINA RESOURCES SUGUO, SUGUO and Ole. In September 2008, Fresh Market, a new store format, was piloted.
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COMPANY DATA |
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Principal Sector |
Finance |
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Principal Industry |
Financial Services |
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Homepage |
www.cre.com.hk |
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Key Developments: China Resources Enterprise, Limited
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Asian Markets Overview of December 18
DEC 18, 2009 13:30 - Article Views: 6,724
Wall Street stocks tumbled overnight on a second downgrade of Greece's sovereign debt in a month and Citigroup's capital raising. The US dollar rebounded as investors cut riskier assets. The US dollar index, which measures its performance against a basket of major currencies, rose to its highest level in more than three months. |
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